April Road, Port Moody - September 2026 Real Estate Report

April Road, Port Moody: Your Home Is Worth More Than the City Thinks

If you own on April Road and you have not looked at your HonestDoor Price lately, you are leaving real money on the table. The city's assessment says one thing. The actual market says something else entirely - and the gap is significant.

The Vibe: What's Happening Right Now

April Road sits at the top of the Port Moody price ladder. We are talking about the most expensive neighbourhood in the city for both assessed values and Airbnb potential - ranked number one in Port Moody on both counts. That is not a small thing. This street carries serious weight in the local market.

That said, the market is taking a breather. Neighbourhood growth dipped 0.03% year over year, and we only saw 2 property transactions recorded in 2026 so far. Low volume like that cuts both ways - it keeps supply tight, but it also means fewer data points to anchor a listing price. You need to know your number before you move.

Houses: Still the Most Expensive on the Block

If you've been watching the "For Sale" signs on April Road, here is what is actually happening with houses right now.

• Average sale price: $2,550,000
• Price per square foot: $891
• HonestDoor predicted market value: $2,237,379
• 3-month moving average: $2,231,674 - and values are trending up from there
• Estimated monthly rent: $7,407
• Rental yield: 3.60%
• Price rank in Port Moody: 1 out of 13 neighbourhoods - the most expensive
• Growth rank in Port Moody: 8 out of 16 - above average

One house sold recently, and the price held steady. The predicted value is climbing past the 3-month average, which tells us momentum is quietly building even if the headline number looks flat. For houses, we are sitting in above-average growth territory - not leading the pack, but solidly ahead of the middle of the field.

Compare us to the neighbours: Ioco is slightly pricier at an HonestDoor Price of $2,232,278. Twin Creeks comes in at $1,458,110 and is growing slower. Pleasantside sits at $1,813,534, also growing slower. April Road is the premium address in this corner of Port Moody, and the numbers back that up.

Condos: A Dip Worth Watching

The condo picture is a bit more mixed, and we should be straight about it.

• Average HonestDoor Price: $534,467 - down 7.46% from the previous period
• Predicted market value: $577,567
• 3-month moving average: $566,000 - and the predicted value is above that, so direction is positive
• Estimated monthly rent: $2,857
• Rental yield: 3.69%
• Growth rank in Port Moody: 5 out of 15 - above average
• Airbnb rank in Port Moody: 12 out of 15

That 7.46% drop in the HonestDoor Price is the number to watch. It does not mean panic - the predicted value is actually climbing past the 3-month average, which suggests the floor may already be in. But if you own a condo here and are thinking about selling, timing matters more right now than it does for house owners.

On the neighbourhood leaderboard, April Road condos rank 5th out of 15 for growth in Port Moody. That puts us ahead of most of the competition. For context, nearby Ioco condos are priced lower at $478,617, and the predicted value for April Road condos beats Ioco's $510,133 - so we are holding a real price advantage in this segment too.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here is the thing about your BC Assessment notice. It is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already months out of date. The market does not wait for paperwork.

The average assessed value on April Road is $2,095,087. The average HonestDoor Price is $2,224,951. That is a gap of roughly $130,000 - or 6.20% more than what the city has on file for your home. For houses, the predicted market value is tracking at $2,237,379 and moving higher.

That gap is not a rounding error. It is the difference between pricing your home right and leaving money behind. The HonestDoor Price updates in real time using actual transaction data. The assessment does not. One of these numbers reflects what a buyer would pay today. The other reflects what a bureaucrat calculated last summer.

The "So What?" - Thinking About Selling This Summer?

If you are considering listing this summer, here is the honest read on April Road right now.

For house owners, the setup is solid. You are in the most expensive neighbourhood in Port Moody, values are ticking up past the 3-month average, and supply is tight with only 2 transactions recorded so far in 2026. Low inventory plus a premium address is a good combination for a seller. Your HonestDoor Price is running $130,000 ahead of the city's assessment - use that number, not the assessment, when you are having conversations about what your home is worth.

For condo owners, move with more care. The recent 7.46% dip in the HonestDoor Price means you want to price sharp and not get greedy. The good news is the predicted value is climbing and the rental yield at 3.69% gives buyers a real income story to consider. Lead with that if you are marketing to investors.

Either way, the worst thing you can do right now is anchor your expectations to a government assessment that is already 6.20% behind where the market actually sits. Check your HonestDoor Price first. That is your real starting point.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.